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Ecora Resources' (ECOR) Buy Rating Reaffirmed at Canaccord Genuity Group

Ecora Resources logo with Basic Materials background

Ecora Resources (LON:ECOR - Get Free Report)'s stock had its "buy" rating reaffirmed by equities research analysts at Canaccord Genuity Group in a research report issued to clients and investors on Wednesday,London Stock Exchange reports. They presently have a GBX 150 ($2.03) price target on the stock. Canaccord Genuity Group's price objective suggests a potential upside of 110.08% from the company's previous close.

Separately, Berenberg Bank cut their price objective on shares of Ecora Resources from GBX 130 ($1.76) to GBX 120 ($1.62) and set a "buy" rating on the stock in a research report on Monday, July 14th.

View Our Latest Report on ECOR

Ecora Resources Price Performance

Ecora Resources stock opened at GBX 71.40 ($0.97) on Wednesday. Ecora Resources has a 52 week low of GBX 48 ($0.65) and a 52 week high of GBX 74.13 ($1.00). The firm has a market cap of £219.51 million, a P/E ratio of 9.42, a P/E/G ratio of 0.12 and a beta of 0.62. The company has a debt-to-equity ratio of 22.68, a quick ratio of 2.08 and a current ratio of 0.60. The business's fifty day moving average is GBX 62.59 and its two-hundred day moving average is GBX 60.19.

About Ecora Resources

(Get Free Report)

Ecora Resources is a leading royalty company focused on supporting the supply of commodities essential to creating a sustainable future. The company is listed on both the London and Toronto Stock Exchange. Our vision is to be globally recognised as the royalty company of choice synonymous with commodities that support a sustainable future by continuing to grow and diversify our royalty portfolio in line with our strategy.

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